Which cryptocurrencies are best to invest in?

[Arya cryptocurrency]

Hi, fellows!
I am interested in investing in cryptocurrencies. I have only invested in stocks so far. Can you advise me which cryptocurrencies are suitable for investment?
Can you share your personal experience? Any tips? 🙂

I reckon that Bitcoin has always been the best.
Part of what makes bitcoin so valuable is its scarcity. Bitcoin’s maximum supply is limited to 21 million coins. Currently, there are 19 million coins in circulation.

Investing in cryptocurrencies is highly speculative and carries significant risks. As of October 2023, several cryptocurrencies have gained popularity among investors, including Bitcoin (BTC), known as a "store of value"; Ethereum (ETH), which supports smart contracts and decentralized applications; and Binance Coin (BNB), a utility token for the Binance exchange. Other notable cryptocurrencies include Cardano (ADA) for its sustainability focus, Solana (SOL) for low transaction costs, and Ripple (XRP) for cross-border payments despite regulatory challenges. Additionally, Polkadot (DOT) enables blockchain interoperability, Chainlink (LINK) connects smart contracts to real-world data, Polygon (MATIC) improves Ethereum’s transaction efficiency, and Litecoin (LTC) offers faster transactions than Bitcoin. It is crucial for potential investors to conduct thorough research, assess their risk tolerance, and consider diversifying their portfolios, as well as consulting with a financial advisor before making investment decisions.

 

[Opak]

BTC and ETH remain solid picks, but SOL and ADA are gaining momentum fast. Curious to see how the market shifts in the coming months

Looking back a few months later, it’s interesting how SOL held up while ADA kind of lost steam. BTC and ETH are still the anchors, but it feels like capital’s rotating more selectively now. Anyone else shifting focus lately or sticking with majors?

 

[trading_bee]

Bitcoin

 

[5696jamie]

Hyperliquid is interesting right now - one of the founders was on Unchained podcast the other day, came across well, and their community / social presence continues to grow. Made a new high last week.